At any age being able to say this is great. It summarizes many of my thoughts….
Power of Money…by Adam Khoo (Singapore’s youngest millionaire at 26 yrs.)
Some of you may already know that I travel around the region pretty frequently, having to visit and conduct seminars at my offices in Malaysia, Indonesia, Thailand and Suzhou (China). [...]
There are many people I know who are contemplating retirement 5-15 years before they HAVE to retire. When I ask them WHY do they want to retire, these are the normal answers that I get:
1. Have enough money. However there are a few people who say they have ‘enough’. Then I calculate how much they [...]
Indian elite (with whom I deal) is an amazing lot. I frankly do not know about people in other countries, so let me speak for Indians alone. We like to complain about – poor service of trains, poor roads, corruption, high taxation, poor policing, poor state machinery, pathetic infrastrucutre in general, fall in the education [...]
No this story is not about Durga..it is about a friend named Sandeep. Sandeep was a classmate in Fatima High School at Kirol, Vidyavihar, Ghatkopar, Mumbai.
When I was in class 6, Sandeep was in class 7. However he was very weak in Mathematics and failed in class 8. He came from a typical Maharashtrian family [...]
THERE are two relevant quotes that I came across:
George Bernard Shaw once said, “Whenever I go to my tailor, he measures me up”.
John Maynard Keynes, the economist, once quipped when he was accused of inconsistency:
“When the facts change, I change my mind. What do you do, sir?”
Risk management is all about being aware of the [...]
Once in a while at least we should look to helping others. Like in an old Hindi movie Amar Prem Rajesh Khanna tells the villian “Even animals look up while eating, as if thanking God for the food that it has got”. As human beings let us do our bit. There is an organisation (UK [...]
In an earlier post I had spoken about 3 people’s attitude about money. Today it is another set of people.
I met a 82 year old lady – very active, agile, smart and with a fantastic memory. She had taken up a job when she was 18 years old for a princely salary of Rs. 90! [...]
For all of us how we handle our personal finances is important. In fact how much money we have at the end of our working lives is determined by how well we manage our money. How hard and how early our money starts working for us is important to determine our net worth. Good financial [...]
The idea of life-insurance will probably first come your way when you are planning your tax returns. That’s how it is for most Indians – insurance is a tax saving device. Well, there is a lot more to life insurance that it pays to know. Let’s begin by looking at every step of getting insurance.
(filing [...]
http://www.subramoney.com/book-written-by-me/
“Whatever I do, my weight does not come down” and “Whatever I do I cannot reduce my expenses” – are commonly heard statements. If you are a doctor, a wealth guide, a financial planner, …you hear both of these statements. Normally people do not write down diligently what they earn, spend and invest. Similarly for [...]